You invested $8,500 in a mutual fund when the offering price was $3130 and the NAV...

 

Transcribed Image Text:

You invested $8,500 in a mutual fund when the offering price was $3130 and the NAV was $3020 This purchase was made one year ago today. Today, the fund distributed a total of $1.59 in long-term gains and 585 in short-term gains The current offering price is $33 42 and the NAV is $3218 What is your return for the year? 9.46% 4.35% 737% 8.23% 10 61% You invested $8,500 in a mutual fund when the offering price was $3130 and the NAV was $3020 This purchase was made one year ago today. Today, the fund distributed a total of $1.59 in long-term gains and 585 in short-term gains The current offering price is $33 42 and the NAV is $3218 What is your return for the year? 9.46% 4.35% 737% 8.23% 10 61%

Answer rating: 100% (QA)

You invested 2500 when 3130 ttening price ... View the full answer